Senior Manager, Tax and Treasury

Posted:
11/20/2024, 8:08:15 AM

Experience Level(s):
Senior

Field(s):
Finance & Banking

Workplace Type:
Remote

Boldly innovating to create trusted solutions that detect, predict, and prevent disease.

Discover your power to innovate while making a difference in patients' lives. iRhythm is advancing cardiac care…Join Us Now! 

At iRhythm, we are dedicated, self-motivated, and driven to do the right thing for our patients, clinicians, and coworkers. Our leadership is focused and committed to iRhythm’s employees and the mission of the company. We are better together, embrace change and help one another.  We are Thinking Bigger and Moving Faster.


 

About This Role

The Senior Manager, Tax and Treasury is a key management role within the Finance team, responsible for managing all aspects of tax compliance, strategy, and planning, as well as overseeing the company's treasury functions. This position will ensure that the company remains compliant with all tax laws (domestic and international), while also optimizing cash flow, managing liquidity, and mitigating financial risk. The Senior Manager will oversee interactions with external tax professionals and auditors to ensure tax-related audit procedures are completed in a timely & efficient manner, and coordinate with outside service providers on international tax compliance. They will work closely with senior leadership and cross-functional teams to drive financial strategy and business operations in a complex global regulatory environment.

Key Responsibilities

Tax Management:

  • Tax Compliance & Reporting: Coordinate and manage the preparation of federal, state, and international tax filings for the organization, ensuring timely and accurate tax returns and documentation. A combination of in-house and outsourced activities.
  • Tax Planning & Strategy: Develop and execute global tax strategies that optimize the company’s tax position including expansion into new jurisdictions, with a focus on minimizing liabilities and ensuring compliance with US and foreign tax law. Responsibilities also include support for M&A activities relating to taxation.
  • Transfer Pricing: Lead transfer pricing initiatives and projects in the context of the company's growing business, and develop methodologies and policies to integrate transfer pricing tax requirements to guide the business in managing risk.
  • Tax Credits: Coordinate and manage R&D credit study (internally and externally driven) to qualify for R&D tax credit.
  • Indirect Transactional Taxes: Lead the preparation and filing of various indirect taxes, including sales & use, VAT, GST, property, franchise, business, and other relevant taxes.
  • Tax Provisioning: Lead the preparation of quarterly and annual tax provisions in accordance with US GAAP ASC 740 (or relevant accounting standards), ensuring accurate reporting for SEC-filed financial statements.
  • Financial Reporting: Coordinate and manage the preparation of quarterly and annual income tax provisions in accordance with ASC 740 (or relevant accounting standards), ensuring accurate reporting for SEC filed financial statements.
  • Audit and Internal Control Support: Coordinate with external auditors and tax advisors to manage tax audits and disputes, providing necessary documentation and support to resolve issues efficiently. Establish and maintain internal controls over financial reporting (i.e., SOX 404) to ensure compliance with established policies and procedures.
  • Tax Risk Management: Identify potential tax risks and opportunities for the business, ensuring that proper controls are in place and providing recommendations for risk mitigation.

Treasury Management:

  • Cash Flow & Liquidity Management: Oversee day-to-day treasury operations, including managing company liquidity and bank relationships to optimize working capital. Assist and support in cash reporting and forecasting activities.
  • Debt & Financing: Manage the company’s debt structure, including planning, issuing, and servicing debt. Assist with the analysis and execution of capital raising strategies, including debt and equity transactions.
  • Cash Management & Banking Relationships: Maintain and optimize relationships with banking partners, including negotiating fees, services, and managing cash balances to ensure effective cash utilization.
  • Investments: Oversee the company’s investment strategies, including cash reserves and short-term and longer-term investments. Review quality of investments and provide routine reporting to senior leadership.
  • Treasury Operations & Reporting: Ensure the accuracy of treasury reports and metrics, tracking all financial transactions related to treasury operations, debt, and investments.

Cross-functional Collaboration & Leadership:

  • Business Partnership: Work closely with senior management, FP&A, accounting, legal, and business units to align tax and treasury activities with the company’s financial strategy and operational needs.
  • Regulatory Compliance: Stay abreast of changes in tax and financial regulations, ensuring company policies and practices are in compliance with all federal, state, and international laws.
  • Leadership & Development: Manage and mentor a team of tax and treasury professionals, providing guidance and fostering a collaborative and high-performance culture.

 

Qualifications:

  • Bachelor's degree in Accounting, Finance, Economics, or a related field. CPA, CMA, CFA, or advanced degree (e.g., Master’s in Taxation or Finance) preferred.
  • 8 to 10 years (10 to 12 years is preferred) experience in tax, with a combination of public and private. If experience in private, with at least 3 to 5 years in a management role at a public company or similar-sized organization.
  • Strong technical knowledge and practical experience with U.S. and international tax laws, financial regulations, and treasury management practices for a multinational corporation.
  • Experience with tax compliance and reporting for public companies, including tax provisions (ASC 740), SEC filings, and Sarbanes-Oxley requirements.
  • Proven track record of managing cash flow, liquidity, debt, and risk management in a complex corporate environment.
  • Strong leadership skills and the ability to work effectively with senior executives, external advisors, and cross-functional teams.
  • Excellent analytical, communication, and interpersonal skills. Sound judgment and ability to provide recommendations regarding policy and strategy.
  • Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word) and experience with tax and treasury management software.

Preferred Skills:

  • Experience with multinational tax strategies, transfer pricing, and global tax compliance.
  • Practical experience with international tax computations such as GILTI, Subpart F, etc.
  • Experience in treasury systems, cash forecasting tools, enterprise resource planning (ERP) software.
  • Knowledge of debt financing, capital markets, and investor relations for publicly traded companies.

What's In It For You

This is a regular full-time position with competitive compensation package, excellent benefits including medical, dental, and vision insurances (all of which start on your first day), health savings account employer contributions (when enrolled in high deductible medical plan), cafeteria plan pre-taxed benefits (FSA, dependent care FSA, commute reimbursement accounts), travel reimbursement for medical care, noncontributory basic life insurance & short/ long term disability. Additionally, we offer:

  • emotional health support for you and your loved ones
  • legal / financial / identity theft/ pet and child referral assistance
  • paid parental leave, paid holidays, travel assistance for personal trips and PTO!

iRhythm also provides additional benefits including 401(k) (with company match), an Employee Stock Purchase Plan, pet insurance discount, unlimited amount of Linked In Learning classes and so much more! 

FLSA Status: Exempt

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Actual compensation may vary depending on job-related factors including knowledge, skills, experience, and work location.


 

Estimated Pay Range
$150,000$200,000 USD

As a part of our core values, we ensure a diverse and inclusive workforce. We welcome and celebrate people of all backgrounds, experiences, skills, and perspectives. iRhythm Technologies, Inc. is an Equal Opportunity Employer. We will consider for employment all qualified applicants with arrest and conviction records in accordance with all applicable laws.

iRhythm provides reasonable accommodations for qualified individuals with disabilities in job application procedures, including those who may have any difficulty using our online system. If you need such an accommodation, you may contact us at [email protected]

About iRhythm Technologies
iRhythm is a leading digital healthcare company that creates trusted solutions that detect, predict, and prevent disease. Combining wearable biosensors and cloud-based data analytics with powerful proprietary algorithms, iRhythm distills data from millions of heartbeats into clinically actionable information. Through a relentless focus on patient care, iRhythm’s vision is to deliver better data, better insights, and better health for all.

Make iRhythm your path forward. Zio, the heart monitor that changed the game.

iRhythm Technologies

Website: http://irhythmtech.com/

Headquarter Location: San Francisco, California, United States

Employee Count: 101-250

Year Founded: 2006

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: Health Care ⋅ Health Diagnostics ⋅ Medical Device ⋅ mHealth ⋅ Wearables